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According to Statistics Estonia, in 2021, the construction price index increased by 8.3% compared to the average of 2020. In the fourth quarter of last year, the construction price index rose by 3.0% compared to the third quarter, while the index growth compared to the fourth quarter of 2020 reached a record high – 14.7%.

According to Statistics Estonia, in the first quarter of 2022, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 14% year on year.

A total of 737,873 dwellings were counted in the 2021 Population and Housing Census, based on registers. Compared to the 2011 census, 47,793 new dwellings have been built, which is 1000 fewer than in the previous ten years (2001–2011). According to census data, there are now 14% more private houses than 10 years ago and 24% of all dwellings are vacant.

According to Statistics Estonia, in the third quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 15% year on year. Considering only the Estonian construction market, the growth in construction volume was 16%.

According to Statistics Estonia, in the first quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 7% year on year. Considering only the Estonian construction market, the decrease in construction volume was 6%.

According to Statistics Estonia, in the third quarter of 2021, the construction price index increased by 5.1% compared to the second quarter and by 11.8% compared to the third quarter of 2020.

According to Statistics Estonia, in the second quarter of 2021, the construction price index increased by 5.2% compared to the first quarter and by 6.2% compared to the second quarter of 2020.

According to Statistics Estonia, in the second quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 17% year on year. Considering only the Estonian construction market, the growth in construction volume was 18%.

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that the Estonian economy grew for the fifth quarter in a row. “In the second quarter, two thirds of the economic activities made a positive contribution to the GDP. Similarly to the first quarter, manufacturing was the biggest driver of economic growth as its value added grew by 6.5%. It was followed by agriculture, forestry and fishing where the increase in value added was 168% due to the exceptionally low reference base of last year. In construction, value added was up by 7.5%,” said Müürsepp. A considerable